The Federal Communications Commission (FCC) is expected to vote at its Nov. 16 meeting on an order that would remove certain prohibitions on media cross-ownership and give the agency purview to conduct a case-by-case review when two of the top four broadcast stations in a market want to merge. Lawrence M. Miller discussed a more favorable climate toward mega media mergers as FCC recently gave its blessing to CenturyLink's proposed acquisition of Level 3 Communications. Miller believes this deal approval "sent a very clear message" that the FCC is relinquishing its tight regulatory controls. He added that the current regulatory climate signals that "the FCC is open for business."
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